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Featured local agent — Okoboji, IA
Sarah Mitchell
Compass Real Estate · Okoboji, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Okoboji, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$298,000median sale price
How is the Okoboji, IA housing market right now?
The median home sale price in Okoboji, IA is $298,000, down 6.6% year-over-year. Homes sell in an average of 62 days with 21 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Okoboji a buyer's or seller's market?
Okoboji, IA is currently a balanced market, based on 1.6 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
62
Average pace
Active listings
21
1.6 months supply
Sale-to-list
95.1%
Below asking
What does the Okoboji housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $298,000 |
| Median list price | $547,000 |
| Year-over-year price change | -6.6% |
| Average days on market | 62 days |
| Active inventory | 21 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 95.1% |
| Median price per sq ft | $295/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 4 |
| Listings with a price cut | 28.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Okoboji by property type?
How the Okoboji, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $541,000 | $234/sq ft | 2 | 94 days |
| Condo / Co-op | $298,000 | $295/sq ft | 12 | 89 days |
| Townhouse | $295,000 | $203/sq ft | 1 | 27 days |
Source: Redfin · Updated monthly
The Okoboji housing market is currently classified as a balanced market with a median sale price of $298,000. Prices have fallen 6.6% compared to last year, with homes spending an average of 62 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.
Homes for sale in Okoboji
There are currently 21 homes listed for sale in Okoboji, Iowa. The median listing price is $547K.
Active listings
21
Homes on market
Median list price
$547K
Avg. days on market
62
Days until sale
New this week
4
Newly listed
Who lives in Okoboji?
Population
806
Median income
$59,167/yr
Median age
51 years
Owner-occupied
67.0%
College grads
41.8%
Avg commute
18.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Okoboji?
Zillow home value
$420,156
Price-to-income
7.1x
Source: Zillow Research
What is it like to live in Okoboji?
Okoboji is a community of approximately 1K residents with a median age of 51 years.The median household income is $59,167, which represents a working-class community with solid middle-income opportunities. 41.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Okoboji offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Okoboji, IA?
Want a head-to-head view? Compare Okoboji side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Okoboji?
The median home sale price in Okoboji is $298,000, down 6.6% from last year.
How long do homes stay on market in Okoboji?
Homes typically spend 62 days on market before going under contract.
What is the median income in Okoboji?
The median household income is $59,167 per year.
Is Okoboji a buyer's or seller's market?
With 1.6 months of supply, Okoboji is currently a balanced market.
What is the Zillow home value estimate for Okoboji?
The Zillow Home Value Index (ZHVI) for Okoboji is $420,156, representing the typical home value in the area.
What is the median condo price in Okoboji?
The median condo/co-op sale price in Okoboji, IA is $298,000, compared to $541,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Okoboji?
The median single-family home price in Okoboji, IA is $541,000 (about $234 per square foot).
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